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the fiscal cliff would affect 27 million american families. there are other parts of this. when you hear about the fiscal cliff, it is not really the tax rate. i do not buy that at all. i do not think we need to increase these tax rates. >> if you go over and the tax rates go up on everyone and all that goes away -- >> i do not think we should do it. i think we should resolve this. it depends on if we do something about it in the next month or two after that. if we do something in 30 days or 90 days and we are clear about that, but nothing people believe we are going to do something until we do it. >> the to go to the broader concern. does the top rate have to end the 39.6% the way it was under bill clinton? could be democrats accept something between if it was coupled with a reduction in the ability on the top 2% to except a reduction of deductions? >> i do not want to second-guess what we might decide. i do not think that is what we should debate the right now. multimillionaires and what deductions they can take is something different. this is where we are. >> that is in
the fiscal cliff would affect 27 million american families. there are other parts of this. when you hear about the fiscal cliff, it is not really the tax rate. i do not buy that at all. i do not think we need to increase these tax rates. >> if you go over and the tax rates go up on everyone and all that goes away -- >> i do not think we should do it. i think we should resolve this. it depends on if we do something about it in the next month or two after that. if we do something in...
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Dec 10, 2012
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christine lagarde said lawmakers need to address the country's debt, the deficit, and the fiscal cliff and quickly to avoid the uncertainty from affecting the global economy. she suggested a balanced approach, increasing revenue, while also cutting spending. >>> a new survey shows pay for private college prnts continues to climb. they studied data from 2010. it shows medial compensation rose to about $400,000, up nearly 3%. >>> and james bond's fought his way back to the top of the box office. "skyfall" made $11 million. "rise of the guardian" finished a close second with $10.5 million, and in third place, "twilight saga:breaking dawn" part twoer and $9.2 million. i've got to go see that animated christmas film. >> you and jack, that would be a good thing to do. >> "skyfall" kind of going nowhere and then jump back on top, that's kind of a strange move. >> that's james bond. that's no surprise. >> ashley morrison in new york. thanks, ashley. >>> hundreds said their "i dos" sunday. about 150 same-sex couples exchanged vows at seattle city hall. officiating judges who donated their time
christine lagarde said lawmakers need to address the country's debt, the deficit, and the fiscal cliff and quickly to avoid the uncertainty from affecting the global economy. she suggested a balanced approach, increasing revenue, while also cutting spending. >>> a new survey shows pay for private college prnts continues to climb. they studied data from 2010. it shows medial compensation rose to about $400,000, up nearly 3%. >>> and james bond's fought his way back to the top...
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Dec 9, 2012
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coming up, the looming fiscal cliff. you know, it's part of our nation's financial problem. but what about the spenning? how do we get a handle on the growing $16 trillion deficit? coming up next, tim murphy of pennsylvania will be here to tell us what else the nation needs to do to get our economic house in order. have you heard about that tragic situation, josh brent, cowboys defensive lineman? he faces charges after a car crash that killed one of his teammates? that's straight ahead. >> it's really unfortunate that that happened, making an everyday decision that can affect everything everybody's life. >> i am sure it will be difficult to move on. but i am sure they will bounce back and be able to come around. s my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. >> jamie: another sad story out of the,r of the nfl. a member of the dallas cowboys is facing manslaughter. josh brent was allegedly drunk and speeding during a
coming up, the looming fiscal cliff. you know, it's part of our nation's financial problem. but what about the spenning? how do we get a handle on the growing $16 trillion deficit? coming up next, tim murphy of pennsylvania will be here to tell us what else the nation needs to do to get our economic house in order. have you heard about that tragic situation, josh brent, cowboys defensive lineman? he faces charges after a car crash that killed one of his teammates? that's straight ahead....
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battling over the fiscal cliff. but now there's yet another heated debate. >>> a wild year in office for baker. we go on one-on-one with the county executive. >>> i'm wendy rieger. >> and i'm jim vance. tonight, president obama issued yet another warning to republicans, do not use the fiscal cliff to start a fight over the debt ceiling. the u.s. could reach its debt ceiling by the end of the month, and risk defaulting on its loans early next year. house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the coun
battling over the fiscal cliff. but now there's yet another heated debate. >>> a wild year in office for baker. we go on one-on-one with the county executive. >>> i'm wendy rieger. >> and i'm jim vance. tonight, president obama issued yet another warning to republicans, do not use the fiscal cliff to start a fight over the debt ceiling. the u.s. could reach its debt ceiling by the end of the month, and risk defaulting on its loans early next year. house speaker john...
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Dec 10, 2012
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WUSA
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there's a possible movement tonight in the fiscal cliff stand off. we'll have the lathe coming up. >>> take a look at that fog. light mist and drizzle here on the weather terrace. i'll tell you how long that will stick around. you'll want to keep the umbrella handy. details coming up in your seven- day forecast. >>> possible signs of movement today in the fiscal cliff debate. they met privately at the white house this afternoon. their first meeting since mid- november. and also today, talk of a compromise on a political talk show. he and other republican senators, they would consider raising the top tax rates for the wealthiest americans they believe that a compromise would be reached. >> i think we will get a deal. i think everyone realizes how important it is. our economy is moving up some. not fast enough, but just some. to be going over that cliff is just terrible. i think we will get an agreement. >> there is a growing group of folks looking at this, realizing we don't have a lot of cards as it relates to the tax issue. we have one house, that's
there's a possible movement tonight in the fiscal cliff stand off. we'll have the lathe coming up. >>> take a look at that fog. light mist and drizzle here on the weather terrace. i'll tell you how long that will stick around. you'll want to keep the umbrella handy. details coming up in your seven- day forecast. >>> possible signs of movement today in the fiscal cliff debate. they met privately at the white house this afternoon. their first meeting since mid- november. and...
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Dec 13, 2012
12/12
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i think, now, the fiscal cliff saanich u, no question about it. we are going to get fiscal tightening one way or the other. what we're assuming is this is such a lose-lose proposition for both sides. if they actually let this thing, not gust get through december 31st and do nothing about it. think about it. can president obama get anything done until he gets something, no? >> all the cuts that happened as a result of the fiscal cliff, all over the place. let's cut hundreds of billions in defense. it doesn't indicate what missions are going to be no longer what, programs we're going to kim. i mean, we really have to be stupid to be doing that. >> so irresponsible. >> not knowing where the cuts are hitting. >> right. >> for the security of this country. >> i agree. >> so, therefore, you're going to get some agreement. maybe it's january 5th, maybe it's december 30th, january 10th, but it will probably be a band-aid agreement. that's the problem. this isn't going to be one of these long-term deficit reduction, credible agreements that does tax reform
i think, now, the fiscal cliff saanich u, no question about it. we are going to get fiscal tightening one way or the other. what we're assuming is this is such a lose-lose proposition for both sides. if they actually let this thing, not gust get through december 31st and do nothing about it. think about it. can president obama get anything done until he gets something, no? >> all the cuts that happened as a result of the fiscal cliff, all over the place. let's cut hundreds of billions in...
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Dec 8, 2012
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. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the election and they are. guess what? they're changing the rules. some of them are proposing to republicans in pennsylvania and three other states obama won, they're trying to eliminate the winner-take-all system of awarding electoral votes. that way republicans could win electoral votes in states they lose. >>> new jersey governor chris christie finally meets his idol. the man he's seen in concert more than 100 times. the governor and the boss, bruce springsteen. they're friends now. this is "hardball," the place for politics. from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people s
. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the election and they are. guess what? they're changing the rules. some of them are...
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Dec 11, 2012
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we do think there will be a fiscal cliff deal before year end. i think that could take the s&p to 1500 by year end or early january. but for what the market does from 1500 over the course of next year, i think really depends on the details of the fiscal cliff deal. we're looking to see just how much fiscal drag there will be in 2013 overall from both spending cuts and tax hikes. and also we want to see just the amount of tax hikes. i hope that those tax hikes are not greater than 1% of gdp. >> how much fed stimulus does the market need to hit some of the targets that you're thinking about it might be able to do? >> the 1500 that is our 12-month target would take the fiscal stimulus, take the monetary stimulus that basically folks are talking about, just a fed balance sheet getting above $3 trillion. i don't think necessarily 4 trillion. i think the key to get the s&p well above 1500 is looking at the fiscal policy, the tax hikes in particular, and probably the best litmus test is the dividend tax rate. expectations for the dividend tax rate, a lo
we do think there will be a fiscal cliff deal before year end. i think that could take the s&p to 1500 by year end or early january. but for what the market does from 1500 over the course of next year, i think really depends on the details of the fiscal cliff deal. we're looking to see just how much fiscal drag there will be in 2013 overall from both spending cuts and tax hikes. and also we want to see just the amount of tax hikes. i hope that those tax hikes are not greater than 1% of gdp....
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Dec 9, 2012
12/12
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WBAL
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. >> to washington and the fiscal cliff budget talks. if they fail to produce a deal, more than two million people will lose unamendment benefits a few days after christmas. nadia ram dishas more on shopping habits. >> alexandria, what do you want for christmas? >> furby and barbie. >> furby, barbie, and electronics are a taste of some of the must-have items this holiday shopping season and this ellicott city target store was bustling saturday with shoppers determined to make holiday purchases within reason. >> they'll save us a lot of money. >> with the looming fiscal cliff, linda and mike martzen are changing holiday shopping habits this year, relying on coupons and shopping less in case the cliff goes over in the beginning of the year. they're not alone. >> buying more practical, stuff people want. >> trying to save more and buy less in case taxes do go up. >> experts say the fiscal cliff could play grinch to the u.s. economy during the holiday shopping season. in a recent survey, the national retail federation found about 2/3 of shop
. >> to washington and the fiscal cliff budget talks. if they fail to produce a deal, more than two million people will lose unamendment benefits a few days after christmas. nadia ram dishas more on shopping habits. >> alexandria, what do you want for christmas? >> furby and barbie. >> furby, barbie, and electronics are a taste of some of the must-have items this holiday shopping season and this ellicott city target store was bustling saturday with shoppers determined to...
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>>> the fiscal cliff, the fiscal cliff, just 23 days away and if we go over it, automatic spending cuts will take effect, automatically, bam. todd schoenberger is back with me from new york. we spent some time taking questions from viewers who want 20 know how the fiscal cliff will affect them. what will make the headlines? >> bottom line is this, that is if nothing is resolved right now, we are looking at a 20% increase across the board for tax revenue for washington. and you hear a lot about these spending cuts but realistically, we won't see a whole lot of spending cuts, because this way this was actually createded, we would only see spending cuts of .25%. >> one coming from edgar, he says i'm not confused about the fiscal cliff, what i'm confused about is what taxes will be raised? >> that's right. well the payroll tax holiday, it was created in 2010, it had a two-year tax extension, it expires on december 31st. this is a 2% payroll tax that all americans were enjoying. if nothing is resolved, your first paycheck in january is going to be 2% lighter. that may not sound like a lot. b
>>> the fiscal cliff, the fiscal cliff, just 23 days away and if we go over it, automatic spending cuts will take effect, automatically, bam. todd schoenberger is back with me from new york. we spent some time taking questions from viewers who want 20 know how the fiscal cliff will affect them. what will make the headlines? >> bottom line is this, that is if nothing is resolved right now, we are looking at a 20% increase across the board for tax revenue for washington. and you...
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and for much more on the fiscal cliff on fox news sunday chris wallace will sit down in an exclusive interview with democratic senator charles schumer and bob corker on fox news sunday. check your local listings for time. >> all of the talk about sausage makes me want to go out to 6th avenue and grab something from the vendors. >> the guy with the cart. >> i know. >>> coming up the latest job numbers show the unemployment rate dropping to its lowest levels in four years, but the number of people dropping out of the workforce remains high. so what is going on? we will break it down for you. >>- q. i and it has been 40 years since -- >> and it it has been 40 years since americans walked on the moon and now nasa is focused on other missions. a look at the private company that is planning the next moon shot. >> i understand that some believe we should attempt a return to the surface of the moon first. as previously planned. i just have to say pretty bluntly here, we have been there before. buzz has been there. >>> bottom of the hour and let's get you caught up on the headlines. dallas co
and for much more on the fiscal cliff on fox news sunday chris wallace will sit down in an exclusive interview with democratic senator charles schumer and bob corker on fox news sunday. check your local listings for time. >> all of the talk about sausage makes me want to go out to 6th avenue and grab something from the vendors. >> the guy with the cart. >> i know. >>> coming up the latest job numbers show the unemployment rate dropping to its lowest levels in four...
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Dec 8, 2012
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i think if we do go off the cliff and recession, i think the fiscal cliff is completely unpredic unpredict-- predictable, especially with a fragile economy, the wall street and the corporate economists are deeply scared about it. that recession really would, you know, wreck his term because we would be obsessed with that for the next couple of years. and so i don't think it's a total walk for him but he clearly has the upper hand. and then there is just the sheer fact of the numbers. say they reach a compromise. i think the republicans are likely to cave on the rate and you close a few deductions. >> do you think they will. >> i do. >> because they are saying they are not going to cave. >> there is going to be no deal on that. they are to the going to go into january, as mark said, and say to the country, hey, we're going to raise your taxes but we have to serve the rich people. they're just not going to do that with the polls, so they're going to cave. they will not get up to 39% but they could get to 37. so say you get to 1.2 trillion in revenue. you still need spending cuts so the presi
i think if we do go off the cliff and recession, i think the fiscal cliff is completely unpredic unpredict-- predictable, especially with a fragile economy, the wall street and the corporate economists are deeply scared about it. that recession really would, you know, wreck his term because we would be obsessed with that for the next couple of years. and so i don't think it's a total walk for him but he clearly has the upper hand. and then there is just the sheer fact of the numbers. say they...
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Dec 9, 2012
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it does seem as though immigration will be the issue of next year once the fiscal cliff negotiations are over. we have heard from a number of republicans who think immigration reform may be easier to achieve a. in 2006, we had some very heated debate on that topic. at this point after an election where republicans lost the latino voters by a very large number, they are saying they would like to see immigration reform passed in some way. they will push it differently. >> i think governor peter shumlin is back. we were talking about immigration and global warming. did you want to finish your thoughts? >> what is right for vermont or massachusetts may not be bright for virginia or some of the other oil-producing producing states. i believe strongly that climate change is the single biggest challenge we face and we cannot move fast enough to do energy efficiency better. from the governor's perspective, it is a job creator. as we move to renewable and energy efficiency, which we have to do for climate change and because america cannot afford to continue to import oil that is $4, five buck
it does seem as though immigration will be the issue of next year once the fiscal cliff negotiations are over. we have heard from a number of republicans who think immigration reform may be easier to achieve a. in 2006, we had some very heated debate on that topic. at this point after an election where republicans lost the latino voters by a very large number, they are saying they would like to see immigration reform passed in some way. they will push it differently. >> i think governor...
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first one is the fiscal cliff. you're one of the keener economic minds in great britain. what do you make of what's happening in america? the old expression if america sneezes, we all catch a cold back in europe, as true as ever. what do you think should be happening here to try and get a deal to avoid the fiscal cliff happening? >> i have no doubt people are working very hard to get a deal. i wish their discussions -- well, now we have the president re-elected and we have a new congress. i think it's right they get them to the business of sorting this out. i think america's got to think that what it needs to do is get growth in its economy as well. and it needs to get growth by trade and exporting. i think what we're missing at the moment is a global agreement whereby big powers try to rebuild confidence in the world. yes, have you to sort out the fiscal problems. yes, you also have to have growth because that's the key to employment and to prosperity to the future. there's a global deal waiting to be done with china, europe, india also involved in this and, of course, a
first one is the fiscal cliff. you're one of the keener economic minds in great britain. what do you make of what's happening in america? the old expression if america sneezes, we all catch a cold back in europe, as true as ever. what do you think should be happening here to try and get a deal to avoid the fiscal cliff happening? >> i have no doubt people are working very hard to get a deal. i wish their discussions -- well, now we have the president re-elected and we have a new congress....
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Dec 6, 2012
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cliff, but also help us avert the yawning fiscal of this ivory for me -- it this goal -- fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every dollar of spending cuts, yet the president wants more revenue and fewer spending cuts. if we fell off the cliff, his plan calls for another round of stimulus spending. you have got to be kidding me. lackshe president's plan is any reform in our entitlement system. the unrestrained growth in entitlement system is driving deficits and driving the debt even higher than the percentage of our gdp. it is estimated to be as high as $128 trillion. even i
cliff, but also help us avert the yawning fiscal of this ivory for me -- it this goal -- fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious...
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Dec 9, 2012
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we are back and forth on how to avert the fiscal cliff. it is just 22 days before the deadline and president obama says he is willing to cut entitlements and speaker john boehner is showing signs of not ruling out a tax hike for top earners. >> and muni is contemplating restructuring its fare structure based on income. a study on the issue is being conducted due to riders' mixed feelings about it. >>> and weather. lots of sunshine? >> yes. we have temperatures mostly in the mid 60s. 64 at concord. 62 at fairfield. here in the city 64 degrees an san jose should see 64. the next chance of rain wednesday. in the meantime, sunshine. >> okay. let's do another season story. >>> the season of giving continues at the san francisco bar pilots team one firefighters again this year. >> yes. they are all acting like elfs. the pilots became santa's own workshop. they assembled 130 bikes for children donated to the fire department toys for children program. they also contribute toys for families in need. very cool! thank you for joining us this morning
we are back and forth on how to avert the fiscal cliff. it is just 22 days before the deadline and president obama says he is willing to cut entitlements and speaker john boehner is showing signs of not ruling out a tax hike for top earners. >> and muni is contemplating restructuring its fare structure based on income. a study on the issue is being conducted due to riders' mixed feelings about it. >>> and weather. lots of sunshine? >> yes. we have temperatures mostly in the...
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Dec 12, 2012
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cliff gets resolved and some intermediate way, there's still fiscal drag not flags by the entire fiscal cliff so that is the underlying assumption that most people took when they made their projections but you are absolutely right that they're a lot of uncertainty right now and the fiscal cliff situation to be resolved in a way different from expectations you would see changes in the forecast. [inaudible] >> thanks very much, mr. chairman. could you talk about whether the decision to maintain the purchase of $85 billion a month represents are ramping up of additional easing of that policy because you are adding a little more to the side of the balance sheet, and also you talked about maintaining the asset purchases and substantial improvement in the labour market and you want to take a different approach but you also have a 6% inflation threshold. could you talk about what sort of evidence you see to make you change the pace or slow theepace of purchases? >> the first part of the question was is this an additional stimulus? >> this is a continuation of what we said in september. you rec
cliff gets resolved and some intermediate way, there's still fiscal drag not flags by the entire fiscal cliff so that is the underlying assumption that most people took when they made their projections but you are absolutely right that they're a lot of uncertainty right now and the fiscal cliff situation to be resolved in a way different from expectations you would see changes in the forecast. [inaudible] >> thanks very much, mr. chairman. could you talk about whether the decision to...
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the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing fields of elk horn coral that you couldn't see through it and you couldn't see beyond it and those same areas are dead you know 99% dead. ♪ >> ifill: and we close with a remembrance of jazz great dave brubeck who died today, one day shy of his 92nd birthday. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs stati
the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing...
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- gets to the fiscal cliff. here's what we know. we know that the president wants more stimulus spending and an increase in the debt limit without any cuts or reforms. that's not fixing our problem. frankly, it's making it worse. on top of that, the president wants to raise taxes on many small business owners. now, even if we did exactly what the president wants, we would see red ink as far as the eye can see. that's not fixing our problem either. it's making it worse and it's hurting our economy. i think the members know i'm an optimist. i'm hopeful we can reach an agreement. this is a serious issue and there's a lot at stake. the american people sent us here to work together toward the best possible solution and that means cutting spending. if the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress because right now the american people have to be scratching their heads and wondering whe minority leader, ms. pelosi, for five minutes
- gets to the fiscal cliff. here's what we know. we know that the president wants more stimulus spending and an increase in the debt limit without any cuts or reforms. that's not fixing our problem. frankly, it's making it worse. on top of that, the president wants to raise taxes on many small business owners. now, even if we did exactly what the president wants, we would see red ink as far as the eye can see. that's not fixing our problem either. it's making it worse and it's hurting our...
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that all depends on america playing it's cards right and for that we need a deal on the fiscal cliff. thank you for joining us on the conversation on "your money." have a great weekend. >>> hello, thank you for joining us. i'm allison cossack, fredericka whitfield is off. president and house speaker john boehner met today at the white house. we're not getting details yet as to how those negotiations went, except to stay that the lines of communications remained open. both sides of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not make it clean instead of ugly. >> i think it's true that many people are saying privatery what tom cole said publicly on the show. but they believe t
that all depends on america playing it's cards right and for that we need a deal on the fiscal cliff. thank you for joining us on the conversation on "your money." have a great weekend. >>> hello, thank you for joining us. i'm allison cossack, fredericka whitfield is off. president and house speaker john boehner met today at the white house. we're not getting details yet as to how those negotiations went, except to stay that the lines of communications remained open. both...
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Dec 12, 2012
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the fiscal cliff debate hits the floor of the u.s. house but not much progress is made. warren buffett and others tell lawmakers to look for more money from the estate tax. >> susie: i'm susie gharib. could another major bond-buying program be on the way? what we could hear tomorrow as federal reserve policymakers wrap up their two-day meeting. >> tom: ever wonder what goes into making those cardboard store displays? tonight, we look at how one box mp
the fiscal cliff debate hits the floor of the u.s. house but not much progress is made. warren buffett and others tell lawmakers to look for more money from the estate tax. >> susie: i'm susie gharib. could another major bond-buying program be on the way? what we could hear tomorrow as federal reserve policymakers wrap up their two-day meeting. >> tom: ever wonder what goes into making those cardboard store displays? tonight, we look at how one box mp
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will lawmakers strike a deal on avoid the fiscal cliff by the new year? plus, union members flock to michigan's capital. the changes ahead for the workforce in the great lakes state. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning and happy 12-12-12! i'm angela miles. in today's first look: the market rallied into today's anouncement from the federal reserve which includes a news conference from fed chair ben bernanke. the dow is now up for the 5th session in a row. the other big news - oil was a gainer for the first time in 6 sessions. explosive details are emerging that fedex was "systematically overcharging" businesses and the goverment. the emailed comments were released in court documents in a class action lawsuit. a fedex official says the documents don't tell the whole story. and shares of rare earth molycorp fell 5% on word the cmpany is seraching for a permanent ceo. larry shover of sfg alternatives joins us now for an early look at the market. good morning to you. an
will lawmakers strike a deal on avoid the fiscal cliff by the new year? plus, union members flock to michigan's capital. the changes ahead for the workforce in the great lakes state. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning and happy 12-12-12! i'm angela miles. in today's first look: the market rallied into today's anouncement from the federal reserve which includes a news conference from fed chair ben...
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Dec 10, 2012
12/12
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FOXNEWSW
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are you really going to tell me we can't settle the stupid fiscal cliff? washington, i want you to tell that to these guys. to their face, without their helmets on. i dare you. and tomorrow, i dare all of washington to not get something done while i'm there
are you really going to tell me we can't settle the stupid fiscal cliff? washington, i want you to tell that to these guys. to their face, without their helmets on. i dare you. and tomorrow, i dare all of washington to not get something done while i'm there
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Dec 5, 2012
12/12
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WUSA
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click on the fiscal cliff link. write an e-mail to your senator or your representative. >>> prince george's county's 59th murder victim this year is one of the youngest. tonight police are looking for the person or people who killed a 14-year-old boy on sheridan street in lewisdale. matt jablow joinsous live from near the scene with -- joins us live from near the scene with the details. >> reporter: i'm standing now in a neighborhood many residents describe as safe. it happened just after midnight when 14-year-old elizer reyes was walking down the street near his house with two other people. a car drove up and shots were fired hitting the 14-year-old reyes and one of the people he was with. the 14-year-old was later pronounced dead at a local hospital. the other victim is in stable condition. it was a gang-related shooting and the victims were apparently targeted. i spoke earlier today with a woman who saw reyes literally dying in the street. what did you think when you saw what you saw last night? >> it breaks my h
click on the fiscal cliff link. write an e-mail to your senator or your representative. >>> prince george's county's 59th murder victim this year is one of the youngest. tonight police are looking for the person or people who killed a 14-year-old boy on sheridan street in lewisdale. matt jablow joinsous live from near the scene with -- joins us live from near the scene with the details. >> reporter: i'm standing now in a neighborhood many residents describe as safe. it happened...
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Dec 8, 2012
12/12
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CNBC
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what should we do with private bancorp before the fiscal cliff? i think the positives are clearly baked into the stock right here. this bank could do really well in an environment of rising interest rates, but the fed has made it very clear that rates will stay low until at least 2015. so you know what? let's take a pass on that one. let's do some tweets. thank you, viewers, for making it so that i have more than 600,000 followers. thank you very much. happened just the other day. let's take our first tweet from @nfalex who says what's your take on -- it's the old part of kraft. the stock price has been trading down since the old spinoff. it drives me crazy when stephanie link and i buy for the charitable trust. the charitable trust follows stocks. you can follow along with actionalertsplus.com. and they don't immediately pop. this is the p.m. of philip morris when altria split. it's the fast-growing snacks business overseas, it's going to be great. now here's the problem. it acts terribly. so what you can say is therefore it's bad or you can do t
what should we do with private bancorp before the fiscal cliff? i think the positives are clearly baked into the stock right here. this bank could do really well in an environment of rising interest rates, but the fed has made it very clear that rates will stay low until at least 2015. so you know what? let's take a pass on that one. let's do some tweets. thank you, viewers, for making it so that i have more than 600,000 followers. thank you very much. happened just the other day. let's take...
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Dec 10, 2012
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president obama ab house speaker boehner behind closed doors meeting on the fiscal cliff earlier and also tonight on the fox report. >> a dramatic hostage situation, a botched robbery at a fast food restaurant, escalating into a standoff. >> and we tried for several hours for this to end. >> and it didn't. the race against time, to save lives. and london calling, police there contacting their australia counterparts into a possible investigation into the royal pregnancy hoax, a prank call from two dj's now apparently tied to the death of a nurse who fell victim to their tricks. >> and indicated, they may wish to speak to the people involved in the matter. >> is it trouble for their radio station, just reach a whole new level? let's begin again. new details about just how intricate and dangerous the operation was to rescue an american doctor. snatched by the taliban, it was breaking news last night on fox report. we're learning much more, the white house saying a short time ago, a u.s. service member, a navy seal was killed in that mission. president obama issuing this statement, tragi
president obama ab house speaker boehner behind closed doors meeting on the fiscal cliff earlier and also tonight on the fox report. >> a dramatic hostage situation, a botched robbery at a fast food restaurant, escalating into a standoff. >> and we tried for several hours for this to end. >> and it didn't. the race against time, to save lives. and london calling, police there contacting their australia counterparts into a possible investigation into the royal pregnancy hoax, a...
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Dec 13, 2012
12/12
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and the fiscal cliff with the panel. but before we let you go, ed, what is the news about the president's new cabinet? there is news about that. >> chuck hague the former republican senator is now the leading contender for defense secretary. leon panetta expected to step down soon. the bottom line, he and the president met behind closed doors at the white house earlier in month. he served with the president and the senate and vice president biden in the senate and i'm told behind the scenes biden is pushing this hard. we have could see a kerry-hagel new national security team and possibility of susan rice moving over to the national security advisor, bret? >> bret: thank you. just got word speaker boehner just left the white house as we were talking. there is a conflicting information if the star witness will answer questions week from today and herridge has more on the uncertainty surrounding hillary clinton. first, reaction on capitol hill to the withdrawal of ambassador rice. good evening. >> good evening. >> leading
and the fiscal cliff with the panel. but before we let you go, ed, what is the news about the president's new cabinet? there is news about that. >> chuck hague the former republican senator is now the leading contender for defense secretary. leon panetta expected to step down soon. the bottom line, he and the president met behind closed doors at the white house earlier in month. he served with the president and the senate and vice president biden in the senate and i'm told behind the...
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coming up at 10:00 on "the chris matthews show," will the final deal on the fiscal cliff be the grand bargain that puts the debt issue to bed or just enough to get past the cliff? or could the president get big concessions from john boehner and force liberals to sign off a-o a big inteelgtsment change? much more talk the past week about hillary clinton gearing up to run for president. in a new washington post poll, her numbers like like they would give her a quick route to the nomination. and a strong chance to win the white house for a clinton third term. join me and david ignatius, john harris, michele caruso ka fwrar cabrera for a great round table. here's what's coming up on "meet the press." ma,ñ0ót5 behind?n00o thisu this morning i'll go inside negotiations with two lawmakers close to them, dick durbin of illinois and congressman, one of boehner's top advisers. i spent time on capitol hill this week. one question i'm dealing with this morning, what has actually changed since last summer's debt debacle? my sense is we may be closer to a deal than some of all the publicr7ó(w- l
coming up at 10:00 on "the chris matthews show," will the final deal on the fiscal cliff be the grand bargain that puts the debt issue to bed or just enough to get past the cliff? or could the president get big concessions from john boehner and force liberals to sign off a-o a big inteelgtsment change? much more talk the past week about hillary clinton gearing up to run for president. in a new washington post poll, her numbers like like they would give her a quick route to the...
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Dec 8, 2012
12/12
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>> we are not going into this fiscal cliff from a position of strength. there is no doubt, if we cliff dive on this we're going to have a high unemployment a lot of people will be laid off because of the spending cuts and tax increases. >> heather: and we are facing tax increases. >> absolutely. >> heather: thank you. >> gregg: new chaos unfolding in the middle east as egypt's military threatens the protestors there. syria preparing to unleash chemical weapons and people are scared seen here running for their lives to prevent two catastrophes from getting a whole lot worse. staechb yates will be with us next. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees, like ourender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who trieit agreed that it relieved their headache fast. visit fastreliefchallenge.
>> we are not going into this fiscal cliff from a position of strength. there is no doubt, if we cliff dive on this we're going to have a high unemployment a lot of people will be laid off because of the spending cuts and tax increases. >> heather: and we are facing tax increases. >> absolutely. >> heather: thank you. >> gregg: new chaos unfolding in the middle east as egypt's military threatens the protestors there. syria preparing to unleash chemical weapons and...
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Dec 10, 2012
12/12
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FOXNEWS
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are you really going to tell me we can't settle the stupid fiscal cliff? washington, i want you to tell that to these guys. to their face, without their helmets on. i dare you. and tomorrow, i dare all of washington to not get something done while i'm there in the flesh. whether a superhero or astronaut wannabe because we're down there with a live show with john mccain, chris van hollen, marco rubio, many others. at the white house, everywhere, because we figure this matters to you.
are you really going to tell me we can't settle the stupid fiscal cliff? washington, i want you to tell that to these guys. to their face, without their helmets on. i dare you. and tomorrow, i dare all of washington to not get something done while i'm there in the flesh. whether a superhero or astronaut wannabe because we're down there with a live show with john mccain, chris van hollen, marco rubio, many others. at the white house, everywhere, because we figure this matters to you.
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Dec 12, 2012
12/12
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coming up, the confusion over what's really going on with the fiscal cliff talks. our first read team said just look at the headlines. senior political editor mark murray joins me live. which of the headlines does he believe is more accurate. check out the "news nation" tumbler page and you will find behind the scenes pictures. i guess we took this to mark 12-12-12 and we do you wanted hospital. maybe some of us will go to the concert to help sandy relief. 12-12-12. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. ♪ ♪ i want candy ♪ ♪ i want candy time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly
coming up, the confusion over what's really going on with the fiscal cliff talks. our first read team said just look at the headlines. senior political editor mark murray joins me live. which of the headlines does he believe is more accurate. check out the "news nation" tumbler page and you will find behind the scenes pictures. i guess we took this to mark 12-12-12 and we do you wanted hospital. maybe some of us will go to the concert to help sandy relief. 12-12-12. new trident layers...
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Dec 11, 2012
12/12
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FBC
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>> i am very confident that we will at birth the fiscal cliff. the only issue is how much of this will we get done. >> i am not at all confident, actually. just hearing what adam said does not make me any more confident. it is on schedule to rock itself and very, very soon. when i hear this kind of stuff that we are trying to push granny over the cliff, that is absolute garbage and that will not take a deal. we have to reduce the deficit. you have to do that by reforming medicare and medicaid. you have to deal with all of them. when i hear my democrat colleagues say maybe we will do something with medicare card ten years away, that will not work. connell: we will wrap it up for today. thank you to both of you. >> thank you. dagen: investors suffering from a little fiscal cliff fatigue. kevin flanagan says do not look away. this could look really ugly. hey, kevin. looking at the yield on the ten year period about 1.65%. it does not look like there has been any serious market reaction . what could happen if we get to this deadline and nothing happe
>> i am very confident that we will at birth the fiscal cliff. the only issue is how much of this will we get done. >> i am not at all confident, actually. just hearing what adam said does not make me any more confident. it is on schedule to rock itself and very, very soon. when i hear this kind of stuff that we are trying to push granny over the cliff, that is absolute garbage and that will not take a deal. we have to reduce the deficit. you have to do that by reforming medicare...
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Dec 10, 2012
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CNN
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fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign. it was just about a week ago that we were reporting about how nothing was going on, not in public and not in private. aides up on the hill, republican aides telling us there were no phone calls, no e-mails, no communication whatsoever. so this is encouraging in that the president sat down face to face with speaker boehner, but i think it's telling that both the speaker's office and white house put out these identical statements. i mean, what it shows here is that they've agreed to negotiate in private. there's a strategy here not to make this play out in public but rather happen behind closed doors so they can hash this out, hammer this out. it's unclear whether this will continue at that level. i did communicate wi
fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign. it was just about a week ago that we were reporting about how nothing was going on, not in public and not in private. aides up on the hill, republican aides telling us there were no phone calls, no...